General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsWhy Not Give Tax Credits For Actually Creating Jobs Rather Than Lowering Tax Rates Upfront?
We hear that the "job creators" need lower tax rate so they'll create jobs.
Well, I didn't see Willard creating any jobs with the loot he made from HIS low tax rates.
Instead of taxing capital gains at a lower rate than earned income, why not tax it as regular income but offer tax credits for each job actually created by a business? That may not offer an incentive to create jobs, but it would at least call the bluff of people who advocate low tax rates for the rich who then don't use the extra money to create jobs.
gopiscrap
(23,761 posts)I also think any income from any source above 365K a year should be taxed at 49% and any income over a million should be taxed at 74%
blm
(113,065 posts)Another point the corpmedia had no interest in discussing.
Gman
(24,780 posts)which led to a booming economy.
wandy
(3,539 posts)This means you do more with less. Cut out the 'fat'. Use cheaper materials. Lower (redefine) product quality. Out source manafacturing. Or put bluntly...........
Look like the guy that fired you.
toddwv
(2,830 posts)That would be socialism or something like that...
customerserviceguy
(25,183 posts)was the one part of Reaganomics I agreed with. Too bad that it got swept into the trash bin of history.